Technical Analysis for BKI - Black Iron Inc.

Grade Last Price % Change Price Change
C 0.055 -8.33% -0.005
BKI closed down 8.33 percent on Tuesday, June 25, 2024, on 31 percent of normal volume. It was able to find support at its 50 day moving average. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Down

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish 0.00%
20 DMA Support Bullish 0.00%
50 DMA Support Bullish 0.00%
Hammer Candlestick Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Doji - Bullish? Reversal 0.00%
Wide Bands Range Expansion 0.00%
Gapped Down Weakness 0.00%
20 DMA Support Bullish -8.33%
50 DMA Support Bullish -8.33%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 11 hours ago
50 DMA Support about 12 hours ago
20 DMA Support about 12 hours ago
Gap Down Partially Closed about 14 hours ago
Down 1 ATR about 14 hours ago

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Profile

Black Iron Inc. Description

Black Iron Inc. is a Canada-based iron ore development company. The Company is engaged in the exploration and development of ferrous metals in Ukraine, namely the Shymanivske project located in Kryvyi Rih, Dnepropetrovsk Region, Ukraine. The Company operates through the development of its Ukrainian mining and exploration permits segment. The Company holds an interest in a mining permit that covers an area of approximately 2.56 square kilometers and comprises the Shymanivske project. The Shymanivske project includes iron ore deposit. It is located approximately 330 kilometers southeast from Kiev in central Ukraine. The mine site is located approximately eight kilometers from the city of Kryvyi Rih. The Company's subsidiaries include Black Iron (Cyprus) Ltd., Shymanivske Steel LLC and Zelenivske Steel LLC.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Mining Metal Metals Steel Iron Ore Mine Site

Is BKI a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 0.095
52 Week Low 0.045
Average Volume 134,565
200-Day Moving Average 0.059
50-Day Moving Average 0.051
20-Day Moving Average 0.054
10-Day Moving Average 0.057
Average True Range 0.006
RSI (14) 50.25
ADX 14.83
+DI 22.497
-DI 22.373
Chandelier Exit (Long, 3 ATRs) 0.048
Chandelier Exit (Short, 3 ATRs) 0.062
Upper Bollinger Bands 0.066
Lower Bollinger Band 0.042
Percent B (%b) 0.54
BandWidth 43.333
MACD Line 0.002
MACD Signal Line 0.002
MACD Histogram 0.0001
Fundamentals Value
Market Cap 13.74 Million
Num Shares 250 Million
EPS -0.02
Price-to-Earnings (P/E) Ratio -3.67
Price-to-Sales 0.00
Price-to-Book 226.57
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.063
Resistance 3 (R3) 0.062 0.058 0.061
Resistance 2 (R2) 0.058 0.056 0.059 0.061
Resistance 1 (R1) 0.057 0.055 0.058 0.058 0.060
Pivot Point 0.053 0.053 0.054 0.054 0.053
Support 1 (S1) 0.052 0.051 0.053 0.053 0.050
Support 2 (S2) 0.048 0.050 0.049 0.049
Support 3 (S3) 0.047 0.048 0.049
Support 4 (S4) 0.048